MUMBAI: Shringar Cinemas Limited has signed an incremental 33 properties since the IPO. Including the existing operational 22 screens and 6434 seats, the company strength would increase to 192 screens and approximately 51,000 seats.
The company has focused on states, which have announced Entertainment Tax Exemption. 70% of the total seats are in states like Maharashtra, West Bengal, Punjab, and Uttar Pradesh, which have a Entertainment Tax Exemption Policy. Other states in which the company has signed properties like Gujarat and Haryana have recently lowered their Entertainment Tax rates.
The company has focused on the territories of Mumbai, Mysore [which includes Bangalore City], Punjab and West Bengal. This would enable the company to achieve better economies of scale in each city and lower overhead cost.
Following are the list of existing and signed properties:
| Sr. No. | City | Location | Screens | Seats |
Existing Sites | ||||
| 1 | Mumbai | Citi Mall, Andheri | 5 | 1282 |
| 2 | Mumbai | Inorbit Mall, Malad | 6 | 1571 |
| 3 | Mumbai | Raghu Leela Mall, Kandivili | 4 | 1275 |
| 4 | Nashik | Nashik Shirdi Road | 3 | 1407 |
| 5 | Kolkata | Metropolitan Mall, Hiland Park | 4 | 899 |
| Subtotal | 22 | 6434 | ||
| Signed Sites | ||||
| 6 | Pune | Jai Ganesh Mall, Pimpri | 3 | 1009 |
| 7 | Hydrebad | Himayat Nagar | 3 | 800 |
| 8 | Mumbai | Lake City Mall | 5 | 1151 |
| 9 | Aurangabad | CIDCO, Aurangabad | 3 | 1040 |
| 10 | Ahmedabad | R 3 | 4 | 1040 |
| 11 | Ambala | Celebration Mall | 3 | 746 |
| 12 | Bangalore | Outer Ring Road, Bangalore | 6 | 1400 |
| 13 | Bangalore | Lido | 4 | 1029 |
| 14 | Bangalore | Market Square, Whitefield | 8 | 1600 |
| 15 | Panckula | Shalimar Mall | 3 | 600 |
| 16 | Chennai | G G Mall | 8 | 1800 |
| 17 | Delhi | City | 4 | 1171 |
| 18 | Kundli | TDI Mall | 3 | 1033 |
| 19 | Mumbai | Hardcastle Mall | 4 | 1091 |
| 20 | Mumbai | Nakshtra Mall, Dadar | 1 | 281 |
| 21 | Mysore | Prozone | 6 | 1482 |
| 22 | Surat | Raj Empire Mall, Surat | 6 | 1844 |
| 23 | Allahabad | Civil Lines | 4 | 1155 |
| 24 | Amritsar | Celebration Mall | 4 | 1006 |
| 25 | Amritsar | City | 4 | 1100 |
| 26 | Jalandhar | TDI Mall | 3 | 940 |
| 27 | Jalandhar | Starcity Mall | 4 | 1267 |
| 28 | Kolkata | South City Mall | 6 | 1425 |
| 29 | Kolkata | Lake Mall | 4 | 1000 |
| 30 | Kolkata | Howrah | 4 | 1365 |
| 31 | Kolkata | Bus Terminus Mall | 5 | 1400 |
| 32 | Kolkata | Aster Mall | 4 | 1050 |
| 33 | Ludhiana | MBD Neopolis | 5 | 1200 |
| 34 | Ludhiana | City Center | 12 | 2522 |
| 35 | Mumbai | Neelyog Mall | 4 | 1260 |
| 36 | Mumbai | Haware Mall | 5 | 1549 |
| 37 | Mumbai | Hiranandani | 5 | 1250 |
| 38 | Patiala | Omaxe | 4 | 1142 |
| 39 | Pune | Fun ‘n’ shop Mall, Pune | 3 | 1025 |
| 40 | Pune | Runwal | 4 | 1100 |
| 41 | Pune | Kakde City Mall | 6 | 1400 |
| 42 | Greater Noida | Omaxe | 6 | 1817 |
| Subtotal | 170 | 45090 | ||
| Grand Total | 192 | 51524 |
